Holcim: confirms outlook for 2024
Recurring EBIT growth is +17.1% in local currency and +7.8% in Swiss francs to 532 million Swiss francs. Profitable growth continues in 2024 with an increase in recurring EBIT margin of +0.9 points.
The Group reports a strong contribution from Solutions & Products and roofing sales up +67% in local currency.
Holcim confirms its outlook for 2024, with organic sales growth in excess of 4%, additional growth from mergers and acquisitions in excess of 2%.
The Group expects higher recurring EBIT growth and an increase in the recurring EBIT margin to 18%. Free cash flow is expected to exceed 3 billion Swiss francs.
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